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HomeMy WebLinkAbout05-11-10 (2) 1505607121 REV-1500 EX (06-05) OFFICIAL USE ONLY PA Department of Revenue Bureau of Individual Taxes County Code Year File Number Poeox2sosol INHERITANCE TAX RETURN 2 1 0 9 0 7 7 3 Harrisburg, PA 17128-0601 RESIDENT DECEDENT ENTER DECEDENT INFORMATION BELOW Social Security Number Date of Death Date of Birth 1 5 1 2 4 1 3 7 1 0 8 1 1 2 0 0 9 0 3 0 7 1 '~ 3 2 Decedent's Last Name Suffix Decedent's Firs t Narne MI P L Y L E Y B E R N I C E I (If Applicable) Enter Surviving Spouse's Information Below Spouse's Last Name Suffix Spouse's First Name: MI Spouse's Social Security Number THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS FILL IN APPROPRIATE OVALS BELOW 1. Original Return ~ 2. Supplemental Return ~ ;{. Remainder Return (date of death prior to 12-13-82) 4. Limited Estate ~ 4a. Future Interest Compromise (date of ~ :i. Federal Estate Tax Return Required death after 12-12-82) 0 6. Decedent Died Testate ~ 7. Decedent Maintained a Living Trust £I. Total Number of Safe Deposit Boxes (Attach Copy of Will) (Attach Copy of Trust) 9. Litigation Proceeds Received ~ 10. Spousal Poverty Credit (date of death ~ 1'I. Election to tax under Sec. 9113(A) between 12-31-91 and 1-1-95) (Attach Sch. O) CORRESPONDENT -THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED T0: Name Daytime Telephone Number R M A R K T H O M A S E S Q U I R E 7 1 7 7 9 6 2 1 0 0 Firm Name (If Applicable) I REGISTER OF WILLS USA NLY I 0 c~ !'_'? yl First line of address ~ 1 0 1 S O U T H M A R K E T S T R E E T ~~~~~ -~ { ' Second line of address ~ . ~- ~ j `''~~ . ~ . ~:~ j ~ i `'Z ~~ . ,.} City or Post Office State ZIP Code ~ '+~~+t FILED - ~~ '""r'~ ~> ~~ ~ J ~~ M E C H A N I C S B U R G P A, 1 7 0 5 5 ~ Correspondent's a-mail address: rmarkthomasCo?gmail.com Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personal representative is based on all information of which oreoarer has anv knowledge_ SIGNATU OF PERSON RESQONSI~E~ Lc`G RETURN ~/D~~ ADDRESS -~---_k7CJ_~ L 1720 OUGLAS D VE CARLISLE PA 17013 SIGN ARE HAN REPRESENTATIVE DAT s~o~/~ ADDRE S 101 SOUTH MARKET STREET MECHANICSBURG PA 17055 PLEASE USE ORIGINAL FORM ONLY Side 1 1505607121 1505607121 REV-1500 ET Page 3 Decedent's Complete Address: File Number 21 09 0773 DECEDENTS NAME BERNICE I. PLYLEY STREET ADDRESS 47 Kitszell Drive CITY Carlisle STATE PA ZIP 17015 Tax Payments and Credits: ~. Tax Due {Page 2 tine 19) 2. CreditslPayments A. Spousal Poverty Credit B. Prior Payments 21,000.00 C. Discount 1,050.00 3. Interest/Penalty if applicable D. Interest E. Penalty (1) 41.789.22 Total Credits (A + B +C) (2) 22,050.00 Total Interest/Penalty (D +E. ) 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Fill in oval on Page 2, Line 20 to request a refund. 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. A. Enter the interest on the tax due. (3) o.oo (4) o.oo (5) 19.739.22 (5A) B. Enter the total of Line 5 +5A. This is the BALANCE DUE. (58) 19,739.22 Make Check Payable to: REGISTER OF W1LLS, AGFNT PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN TIRE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: Yes No a. retain the use or income of the property transferred : ...................................................................... ^ X^ b. retain the right to designate who shall use the property transferred or its income; ............................... ^ X^ c. retain a reversionary interest; or ................................................................................................ ^ X^ d. receive the promise for life of either payments, benefits or care? ....................................................... ^ Q 2. If death occurred after December 12,1982, did decedent transfer property within one year of death without receiving adequate consideration? ....................................................................................... ^ Q 3. Did decedent own an "intrust for' or payable upon death bank account or security at his or her death? ......... ^ Q 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? ................................................ ^ IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN For dates of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is three (3) percent (72 P.S. §9116 (a) (1.1) (i)]. For dates of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is zero (0) percent [72 P.S. §9116 (a) (1,1) (ii)]. The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased childtwenty-one years of age or younger at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is zero (O) percent [72 P.S. §9116(a)(1.2)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's lineal beneficiaries is four and one-half (4.5) percent, except as noted in 72 P.S. §9116(1.2) [72 P.S. §9116(a)(1)]. The tax rate imposed on the net value of transfers to or for the use of the decedent's siblings is twelve (12) percent (72 P.S. §9116(a)(1.3)]. Asibling is defined, under Section 9102, as an individual who has at least one parent in common with the decedent, whether by blood or adoption. REV-1502 EX + (6-98) SCHEDULE A ~COMMON~lNEALTH OF PENNSYLVANIA REAL ESTATE INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF FILE NUMBER BERNICE I. PLYLEY 21 09 0773 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at which property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which is jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1. 7 Kitszell Drive 295,000.00 arlisle, PA 17013 with description of property is attached) TOTAL (Also enter on line 1 (If more space is needed, insert additional sheets of the same s¢e) REV-1508 EX + (6-98) SCHEDULE E COMMONWEALTH OF PENNSYLVANIA CASH, BANK DEPOSITS, & MISC. INHERITANCETAXRETURN PERSONAL PROPERTY RESIDENT DECEDENT ESTATE OF FILE NUMBER BERNICE I. PLYLEY 21 09 0773 Indude the proceeds of litigation and the date the proceeds were received by the estate. All property jointty-owned with right of survivorship must be disclosed on Schedule F. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1, achovia Bank, Checking Account #3783 2,448.27 2. achovia Bank, Checking Account #2220 216,034.57 3. «stown Bank, IRA Account #3675 22,364.72 4. rrstown Bank, IRA Account #3225 7,692.65 5. ousehold furnishings (see attached appraisal) 7,165.00 6. 005 Buick Rendevous 7,800.00 7. ewelry (34 items, see attached appraisal) 24,242.97 8. onsumer Reports refund 16.00 9. he Patriot-News refund 34.75 10. art Fund Distribution (see attached Schedule G and attached documentation) 2,312.78 11, efund from unknown source 25.86 12. 009 Federal Tax Refund on Bernice Plyley Family Trust income tax 7,600.00 13. 009 New Jersey State Tax Refund on Bemice Plyley Family Trust income tax 1,200.00 14. ash in hand 100.00 TOTAL (Also enter on line 5, Recapitulation) I S 299,037.58 (If more space is needed, insert additional sheets of the same size) REV-1510 LX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN ESTATE OF SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY FILIE NUMBER BERNICE I. PLYLEY 21 09 0773 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. ITEM NUMBER DESCRIPTION OF PROPERTY INCLI1~EiHENAMEOFTHETRANSFEREE,THEIRRELATIONSHIPTODECEDENTAND THEOATEOFTRANSFER.ATTACHACOPYOFTHE~EEDFORREALESTATE. DATE OF DEATH VALUE OF ASSET °io OF DECD'S INTEREST EXCLUSION (IFAPPLICABLEI TAXABLE VALUE 1. Bernice I. Plyley Family Trust. This Trust was valued as of 8/11/2009. 380,375.69 100. 380,375.69 ttached are statements showing the value of this Trust as of 7/31/2009 and 8/31/2009. Date of Death value was determined by prorating increase in value to 8/11!2009. Also, on separate page attached to this Schedule G is a description of the Hart Family Fund II, a portion of which includes the Bemice I. Plyley Family Trust and the calculations used to determine the date of death values. TOTAL (Also enter on line 7 Recapitulation) I $ 380,375.69 (If more space is needed, insert additional sheets of the same size) BERNICE I. PLYLEY FAMILY TRUST AND HART FAMILY FUND II Bernice I. Plyley, decedent, was a 16.05% limited partner in the Fart Family Fund II. Her partnership share was placed in an irrevocable trust from which she received annual distributions of income. Decedent had a power of appointment within the trust instrument, but in default of the exercise of that power, her children would receive her interest in equal shares. Decedent's husband, Chauncey A. Plyley, Jr., deceased, also had a 2.11 % interest in the Hart Family Fund II. The husband died on July 11, 2009, and, therefore, his 2.11% interest passed to Bernice I. Plyley, decedent. Decedent's total percentage interest in the Hart Family Fund II was 18.16% on her date of death, i.e., August 11, 2009. Valuation of Decedent's Interest On July 31, 2009, the total value of the Hart Family Fund II was `i2,090,566.91. One August 31, 2009, the total value of the Hart Family Fund II was $2,101,876.14. Thus, the Fund increased in value during the month of August 2009 by $11,309.23. I prorated this increase in value for eleven (11) days to arrive at the Fund value on August 11, 200S~ (decedent's date of death) and from that figure I calculated decedent's date of death value by determining 18.16% of the total value of the Fund on August 11, 2009. Value on July 31, 2009 $2,090,566.91 Value on August 31, 2009 $2,101,876.14 Increase in value from 7/31/09 - 8/31/09 $ 11,309.23 Prorated increase to 8/11/09 (i 1 x 364.81) $ 4,012.91 8/11/09 value of Fund $2,094,579.82 Decedent's 18.16% $ 380,375.69 REV-1511 EX + (10-06) SCHEDULE H ~"OMMONVVEALTH OF PENNSYLVANIA FUNERAL EXPENSES Hr INHERITANCE TAX RETURN ADMINISTRATIVE COSTS RESIDENT DECEDENT ESTATE OF FILE NUMBER BERNICE I. PLYLEY 21 09 0773 Debts of decedent must be reported on Schedule I. ITEM NUMBER DESCRIPTION AMOUNT A. FUNERAL EXPENSES: 1. Hoffman-Roth Funeral Home 5,810.64 2. Family dinner 251.58 3. Minister 150.00 B. 1 2. 3. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative (s) Street Address City State Zip Year(s) Commission Paid: Attorney Fees R. Mark Thomas, Esquire Family Exemption: (If decedent's address is not the same as claimants, attach explanation) Claimant Street Address City State Relationship of Claimant to Decedent Zip 4• Probate Fees 545.00 F Accountants Fees 6. Tax Return Preparers Fees 250.00 7. Chuck Bricker, Auctioneer (personalty appraised) 150.00 8. The Patriot News publication 122 38 9. Deener, Hirsch & Shramenko (legal fees -Hart Fund) 1,425.00 10. Mountz Jewelers appraisal 1,030.00 11. Diversified Appraisal Services (real estate appraisal) 325.00 12. Joseph Metka (lawn care from 8/09 to present) 400.00 13. UGI bills from 9/09 to present 659.33 14. USAA Insurance (auto and homeowners) 703 87 15. Comcast from 9/09 to present 402.94 16. Met-Ed electric bills 9/09 to present 466.63 17. ADT Home Security System 9/09 to present 174.93 18. South Middleton water and sewer 9/09 to present 337.10 TOTAL (Also enter on line 9, Recapitulation) S 38,235.92 (If more space is needed, insert additional sheets of the same size) 21,350.00 Continuation of REV-1500 Inheritance Tax Return ResidE;nt Decedent BERNICE I. PLYLEY 21 09 0773 Decedent's Name Page 2 File Number Schedule H -Funeral Expenses 8~ Administrative Costs - 67. ITEM NUMBER DESCRIPTION AMOUNT 19. Beneficiaries meeting expense 101.79 20. Waste Management 9/09 to present 90.21 21. Mayapple Homeowners Association 95.00 22. Robert Cairns, Tax Collector 2009-2010 School Tax 2,226.59 23. Robert Cairns, Tax Collector 2010 property tax 577.49 24. Cumberland Law Journal publication 75.00 25. Bank check fees 81.00 26. Beneficiaries meeting expense 134.44 27. Housecleaning 300.00 SUBTOTAL SCHEDULE H-B7 I 3,6$1.52 REV-1512 ,EX + (12-03) ~ , COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE 1 DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS ESTATE OF FILE NUMBER BERNICE I. PLYLEY 21 09 0773 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM VALUE AT DATE NUMBER DESCRIPTION OF DEATH 1, offman-Roth Funeral Home (Chauncey Ace Plyley, Jr., funeral) 5,763.13 2. ennsylvania Department of Revenue 110.93 3. iti Card 4. CMSV( 5. GI Gas (July and August 2009) 6. merican Express 7. .Mark Thomas, Esquire (legal services) 8. ank of America (credit card) 9. omcast (telephone bill) 10. DT Security (home security) 11. onton (credit card) 12. SAA Insurance (home and auto) 13. et-Ed (electricity) 14. aste Management (trash) 15. uantum Imaging (medical bill) TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 461.10 13.70 83.41 46.06 375.00 104.50 48.30 24.99 30.10 110.65 146.43 50.91 1.70 7.527.91 Continuation of REV-1500 Inheritance Tax Return Resident Decedent BERNICE I. PLYLEY 21 09 0773 Decedent's Nanhe Page 3 File Number Schedule I -Debts of Decedent, Mortgage Liabilities, 8~ Liens ITEM NUMBER DESCRIPTION AMOUNT 16. 17. ennsylvania Department of Revenue (2009 Income Tax) ayoff Wachovia credit card 53.00 104.00 SUBTOTAL SCHEDULE I 157.00 GRAND TOTAL SCHEDULE I $ 7,527.91 REV-1513 EX + (9-00) CbMMONWI=ACTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE J BENEFICIARIES ESTATE OF BERNICE I. PLYLEY FILE NUMBER ~~ n4 nn~ RELATIONSHIP TO DECEDENT AMOUNT OR SHARE NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY Do Not List Trustee(s) OF ESTATE I TAXABLE DISTRIBUTIONS [nclude outright spousal distributions, and transfers under Sec. 9116 (a) (1.2)] 1. Laura Irene Hubsch Lineal 0.25 1383 Benbrooke Lane, NW Acworth, GA 30101 2. Susan Lynn Kemp Lineal 0.25 1720 Douglas Drive Carlisle, PA 17013 3. Chauncey Ace Plyley, III Lineal 0.25 1100 North 75th Street Paragould, AR 72450 4. William Ross Plyley Lineal 0.25 66 Wopowog Road East Hampton, CT 06424 5. Erin Lynn Hamilton Lineal 5,000.00 62 Boise Road Inwood, WV 25428 6. Brittany Amanda Kemp Lineal 5,000.00 1720 Douglas Drive Carlisle, PA 17013 7. Chad Amanda Kemp Lineal 5,000.00 1720 Douglas Drive Carlisle, PA 17013 ENTER DOLLAR AMOUNTS FOR DISTRIBUTIONS SHOWN ABOVE ON LINES 15 T HROUGH 18, AS APPROPRIATE, ON REV-1500 COVER SHEET II. NON-TAXABLE DISTRIBUTIONS: 1. A. SPOUSAL DISTRIBUTIONS UNDER SECTION 9113 FOR WHICH AN ELECTION TO TAXIS NOT BEIPJG MADE 1. B. CHARITABLE AND GOVERNMENTAL DISTRIBUTIONS TOTAL OF PART II -ENTER TOTAL NON-TAXABLE DISTRIBUTIONS ON LINE 13 OF REV-1500 COVER SHEET $ (It more space is needed, insert additional sheets of the same size) , Continuation of REV-1500 Inheritance Tax Return Resident Decedent BERNICE I. PLYLEY 21 09 0773 Decedi;nt's Name Page 4 File Number Schedule J -Beneficiaries - 1 NUMBER NAME AND ADDRESS OF PERSON(S) RECEIVING PROPERTY RELATIONSHIP TO DECEDENT Do Not List Trustee(s) AMOUNT OR SHARE OF ESTATE I TAXABLE DISTRIBUTIONS (include outright spousal distributions) 8. Daniel Ross Plyley ineal 5,000.00 1100 North 75th Street Paragould, AR 72450 9. Austin James Plyley ineal 5,000.00 1100 North 75th Street Paragould, AR 72450 10. Heather Nicole Plyley ineal 5,000.00 1100 North 75th Street Paragould, AR 72450 11. Ross Plyley ineal 5,000.00 66 Wopowog Road East Hampton, CT 06424 12. Janine Plyley ineal 5,000.00 66 Wopowog Road East Hampton, CT 06424 13. Bevin Lynn Hubsch Franklin ineal 5,000.00 P. O. Box 294 Penland, NC 28765 14. Megan Ilene Rogers ineal 5,000.00 12536 St. Thomas Court Midlothian, VA 23114 15. Thomas James Hubsch, Jr. ineal 5,000.00 1383 Benbrooke Lane Acworth, GA 30101 APPRAISAL REPORT 47 KITSZELL DRIVE CARLISLE, PENNSYLVANIA PREPARED FOR THE ESTATE OF BERNICE I. PLYLEY BY LARRY E. FOOTE DIVERSIFIED APPRAISAL SERVICES 35 EAST HIGH STREET, SUITE l0 CARLISLE, PENNSYLVANIA 17013-3052 (717) 249-2758 COPY ! ~ SUMMARY OF IMPORTANT FACTS AND CONCLUSIONS LOCATION: TAX PARCEL NUMBER: IMPROVEMENTS: PROPERTY RIGHTS: 47 Kitszell Drive Carlisle, Pennsylvania 40-09-0533-096 One-story detached single-family dwelling. Fee simple interest. OWNERSHIP HISTORY: The subject property is owned by Bernice I. Plyley. The property was purchased on July 23, 1999 for a reported consideration of $196,500 and ownership transferred on Deed Book 204, Page 630. SCOPE OF THE ASSIGNMENT: The scope of the assignment included an analysis of the subject's area, an inspection of the subject property, an estimation of the property's highest and best use, consideration of all three approaches to value, and the application of those relevant to the valuation of the subject. OBJECTIVE: To estimate the market value of the subject property as unencumbered. EFFECTIVE DATE: August 11, 2009. HIGHEST AND BEST USE: Continued use as asingle-family residence. COST APPROACH: N.A. SALES APPROACH: $295,000 INCOME APPROACH: N.A. FINAL VALUE CONCLUSION: $295,000 2 THE VALUATION PROCESS. The valuation process is defined in The Appraisal of Real Estate as published by the Appraisal Institute, as "a systematic set of procedures an appraiser follows to provide answers to a client's questions about real property value." It consists of a series of steps that are appropriate to a specific and particular appraisal assignment that begins with a client engaging a real estate appraiser to develop an opinion of value for a specific property as of a given effective date and ends when the appraiser communicates and reports the final conclusions and opinions to the cliE;nt. Definition of the Appraisal Problem: The first step in the appraisal process includes the presentation ~of the following: 1. Identification of the client, the intended use, and the intended users of the appraisal report. 2. The purpose of the appraisal, including a definition of the value being reported. 3. Determination of the effective date of the appraisal report. 4. Extraordinary assumptions that are applicable to the appraisal assignment. 5. Hypothetical conditions that are applicable to the appraisal assi€;nment. Scope of Work: Scope of work is defined in the Uniform Standards of Professional Practice as being "the type and extent of research and analyses in an assignment." This includes the degree and extent of research and the data that is deemed as necessary to develop a credible opinion of value for the property being appraised. Data Collection and Analysis: The appraiser must gather and analyze market area data, subject property data, and comparable property data that is relative and relevant to the appraisal assignment. Development and Application of Traditional Approaches to Value: The appraiser must consider which of the three traditional approaches to value are applicable, relevant, and necessary for developing a credible opinion of value for the subject property. These three traditional approaches to value include the Cost Approach, Sales Comparison Approach, and Income Capitalization Approach. When two or more of these approaches to value are developed, the appraiser must determine the amount of emphasis and consideration to be given to each of those approaches to value, since onf; or more may have greater significance in the appraisal of a specific property. Reconciliation of Value Indications and Final Opinion of Value: The final step in the valuation process is the reconciliation of the value indications developed by the appraiser. Reconciliation is the analysis of alternative conclusions to arrive at a final value estimate. Reconciliation is required because different value indications result from the use of multiple approaches to value and within the application of a single approach. The final value estimate is not derived simply by applying technical and quantitative procedures, rather, it involves the exercise of judgment, and the value conclusion reached must be consistent with market thinking. APPRAISAL Personal Property of P~,~,tJ~cE ~~L~Y y7 %~/T SZ ~ L ~ti', C'~,~L i S LF P~. Annraised by Chuck E. Bricker AU094-L Date 5--19 -U~` ITEM VALUE ITEM VALUE G//GGd D /CE r 5 G' G~~ Gr%' LL C U ! I3 C'_ g i N~ ~()r U O ccr-I i~~s~ ~ no ?~ f~ous~ cu~L~~ y D ~Z,su~-~ ~lco~oo icE C~.4~ 2 ~,,Cc: UUr~LLv..~-LL /~.IK(LdrZ ,~~ L S I 00 !` (~ 0 C; {L - B ~~ E L~% C I S ~ G r G C r~u~« T ~F ~,c~ «5 R~ ~~_~ ,~ ~~~ ~-c, cc :Sz'F.~ GC C~G us C I ~ ~~ :SoNy co~a~ ~` .2_c,b~ P /ti'T~~iKT~ ~,~ ,rv~T /~O,Gc 2, JCK GAS .~L (~~- ~ C,Cc; lJ~'k fZ ~c ~ Z ~G, LG Li.'' S~~ S %' ti ~ G, o~ _ ';gip C LAC ~2c, L ~- L.~ :~--~Y ~ u sS~L~ A. MKS ) ~~ C .~i13 Lc? ILI r (,G'< S~(.v C~;t3i P~ ~ GrGC c Li`c;C C, Gi~ C`~ I< w' S ' N d ~ 2~, Gc L' , < 3 .S'~c i~~ti ~ ~.~~.~ s~ ' 4~v,oP ~~SK UGC' ll~ 1 C~ CG ~ ~ ~~ rl c ~ ~ ~ ~ ~,c~c~ sic i ~ u,~;' c. {~ ~C k ' s~~ 3_~Z'. c L-CI,~~S~_ 5~ UGC E - ~ f ~~f' ,, G S ~T C~ L 1< C l1 I S .=~ C f C- /2~ Lc L ~ ` ~- (~~ ~I~ G-~1 T .~L~ ~ G. G G Gam' C ,~ PC r2 ~'L, 6~ /Lj. , IZ. Vc LE Lf-C'rC c L CLe Es - ~~ 2 =~ d~ ~ N'~ RC~i<Er'Z 2U, c~ -~ ;s ~~+~~ 2~,,c~v ~~~ ~ g~ti~~ 5 ~ c a, ~ o ~',~IvT', (L `,E LL CL~C(1 GU,Ud ~c ~ ,C, C, r° Zvo, ~d cS ~. ,Ci j .L i GI' D ~ ~_5 I < .2 G`, d u ~ •.~T -.SM LL.-,3- , ~?~ E N 7Z V L S G G, G G GNU' ~ /~-GiR~zF S- N SZ!,oc1 ~~SS' i G 1 S- %~,~ -- /~iS~z`S-S~~ SS ~ZG~ Cc o v~~ ci-tEr~f~y ~P i- .R IFS ~~0, ~c~ S ~ T ~F ~G, G t; `~ ,.~~ . )Zly CGG i1Z Q, Go j~Z ~sF~~ ~ L~ rJ,a,,U ,' I'g~P ~, T L OU UU~ t~uicx ~Zena~~ezvous - ~. raae In Value, blue booK value -Kelley Blue Book: ~' Kelley 81ue hook THE TRUSTED RESOURCE k<,b.rom advertisement Page 1 of 2 ~e Send to Printer _ CaNSUMER GUIDEa BEST BUY ~ ~ ' °'+` AWARD WINNER ~ • ~ ~ -• ~ CONSUMERGUIDE - t0o! BEST SU7 2009 YUKON ~l• r 2005 Buick Rendezvous CXL Sport Utility 4D 3L:E B~~'~( iROt~l~a'IALJE Condition Value Excellent $8,40a / Good $7,8©0 (Selected) Fair ~b,75fl Vehicle Highlights Mileage: 67,000 Engine: V6 3.4 Liter Transmission: Automatic Drivetrain: 2 W D Selected Equipment Standard ~. _.,, ~....,i _ S,nr~le ..~TC~~:..,oc ~.. ~ ._. -:., _, .~~_~ __~_~ G.~al Front Air Sc_5 ... _Ct L!EE_ Slue Book Trade-In 4aiue Trade-in Value is what consumers can expect to receive from a dealer for atrade-in vehicle assuming an accurate appraisal of condition. This value will likely be less than the Private Party Value because the reselling dealer incurs the cost of safety inspections, reconditioning and other costs of doing business. Vehicle Condition Ratings ~xce!lent • Looks new, is in excellent mechanical condition and needs no reconditioning. • Never had any paint or body work and is free of rust. • Clean title history and will pass a smog and safety inspection. o Engine compartment is clean, with no fluid leaks and is free of any wear or visble defects. • Complete and verifiable service records. Less than 5°% of all used vehicles fall into this category. '~ Good (selected) advertisement ~QO~®~ X_ . carfax.com ~~~~~ ~ ~~/ a l~se~ Cyr ~~~~ http://www.kbb.com/KBB/LJsedCars/PricingReport.aspx? WebCategoryId=42~'cYearld=20... 9!27/2009 - _ - - -, .. >::~ .,. ,• `, `~. - -t;.-~ .. ~ Fair Market. Value is estimated using the market data approach. Neither the income approach nor the cost approach apply in establishing; FairMar'ket. Value.' However, the cost approach.to v~~lue was used to check on the reasonableness or market'values found: ~ ~ -' 'Market -, .. To value. an item a market (and market level)_mi~st be recognized. The most appropriate market for. jewelry, can vary-depending upon the article's age, :condition, quality; intrinsic content, aesthetic appeal, provenance, current fashion trends, artistic interpretation, period of manufacture among others. The type of retail. outlet that most conunonly carries.the-items being appraised is considered to be-the most appropriate market. However, the auction market was also considered as another appropriate. market in .. establishing. Fair market Value for this e'of 'ewel tYI?_ J ry.. ~ , Limiting Conditions : , -. .. , . ,. The jewelry described. within has been analyzed and graded in.accordance with prescribed grading - standardsusing "state of the art";methods and precision laboratory equipment., Jewelry constructed solely. of, or in combinafionwith, precious metals (i.e. platinum, palladium; yellow or' white gold and/or, silver)~is tested; analyzed and described. for its type and content of such metal: Unless otherwise stated, all gemstone weights,: grades and, measurements are approximate and stones- have not been` removedfrom their mountings.::, - Diamonds are. raded with the rescnbed radin nomenclature of the p emolo ical" Institute ofAmerica g P ~ g g g (GIA}-and the use ofpre-graded' permanent master diamond color com anson stones.: , , color radin s stem:. Unless otherwise stated, alI " : - Colored stories are color graded-according to_'thE; GIA g g y colored stones listed on this appraisal`report have probably been subjected to various treatments to improve • their appearance. Treatments are considered usual and customary practices when properly disclosed and' when done without intent to defraud the consumer. The treatments are mostly stably and do not require special care. When a treatmentis detected'and considered unusual it vrill be so noted vy this appraiser. Some treatments are reversible.and re-treatable: It may be beyond the scope ofan appraisal to determine -exact treatment methods or the. amount`of treatment. present.. Some treatments require sophisticated equipment not found in a standard gemologieal laboratory.. Prevailing market value's- are based on these universally practiced and, accepted processes by the gems and jewelry trade:: ' Sources are assumed to 6e reliable and the appraiser does not assume~responsibility for their,information. ~ ~' -The. appraiser assumes. the ownership of the subject property is true as_ stated by the client. The fees paid for this appraisal do not include the services ofthe appraiser for any.iither matter. In " particular, fees paid to-date da not include any ofthe appraiser's time or services.in connection with any statement, testimony or other matters:before an insurance company, its agents; employees orany court or other body in connection with the property.herein described. ~ ~: ~ ~ - _..; PP q fY, y _ - - If the a raiser rs re uned to tesri onto make an 'statements to a third party concerning the described ~ ` property and/orappraisal, the:applicant shalt pay-the appraiserfor all of such time and services so rendered.: - ,. :This document is limited to its stated intended use and is invalid if all items listedv the Table of;Contents .` - _. _ ,. ''~ _ ark not present.. .; - . . ,,, . ~ , ; Unless expressly stated; the items appraised are in good condition. Any.serious-deficiencies and repairs are ' noted. ~ Ordinary wear and tears notnoted. 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